The Fed hiked the policy rate by 25 basis points this week, while forecasters were split on the outcome. My feeling is that this is a “dovish hike” — whatever that means. Realistically, the Fed wants to drift into at least a temporary pause while they survey the wreckage left behind by their hiking campaign.
Late Fed Hike Comments
Late Fed Hike Comments
Late Fed Hike Comments
The Fed hiked the policy rate by 25 basis points this week, while forecasters were split on the outcome. My feeling is that this is a “dovish hike” — whatever that means. Realistically, the Fed wants to drift into at least a temporary pause while they survey the wreckage left behind by their hiking campaign.